What will happen with FFP during / After CoVid
Discussion
What do you all think will be the FFP consequences of CoVid?
Some clubs tried to Furlough and then reversed the decision, some players have deferred pay, some clubs have turned over facilities to support the NHS / Communities. It looks like there will be rebates on the TV money and off course no gate or hospitality revenue even if we are laky enough to get the season finished.
I assume owners are having to pump cash in at a serious rate currently. There has to be some re-alignment of financial targets for the longer term future. But in this current crisis, does everyone have a free pass for owners to keep pumping cash in and maintain the clubs at huge losses?
Some clubs tried to Furlough and then reversed the decision, some players have deferred pay, some clubs have turned over facilities to support the NHS / Communities. It looks like there will be rebates on the TV money and off course no gate or hospitality revenue even if we are laky enough to get the season finished.
I assume owners are having to pump cash in at a serious rate currently. There has to be some re-alignment of financial targets for the longer term future. But in this current crisis, does everyone have a free pass for owners to keep pumping cash in and maintain the clubs at huge losses?
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